Market comment

Обзоры рынка 13.07.2012 The Ukrainian Exchange remained in the red on Thursday, its first two-day streak in over a week, as European bourses retreated on fears about the global economy. The UX dropped 1.5%, following Wednesday’s 1.0% loss. Only one of 10 local blue chips rose over the session. The worst performers were Ukrsotsbank (USCB UK) -3.1% and Donbasenergo (DOEN UK) -2.6%. In Warsaw, the WIG-Ukraine index also moved lower, shedding 2.0%. Westa (WES PW) fell a staggering 14.6%, followed by KSG Agro (KSG PW) -4.5% and Astarta (AST PW) -2.5%. London-traded Ukrainian stocks fared no better: Ferrexpo (FXPO LN) lost 5.2% and Cadogan Petroleum (CAD LN) put off 2.9%.